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3. Consider the following balance sheet for TD. Assets Liabilities Reserves 136 Deposits 800 Loans 664 Suppose that TD lends out all the money allowed.

3. Consider the following balance sheet for TD.

Assets		Liabilities
Reserves	136	Deposits	800
Loans	664

Suppose that TD lends out all the money allowed. Given this data, what is the required reserve ratio (in percentage terms)?

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